Emirates Central Cooling Systems Corporation PJSC (Empower), listed on the Dubai Financial Market since November 2022, has distributed AED 2.575 billion in dividends to shareholders from 2023 to 2025. This reflects Empower's strong financial and operational performance, with dividends paid twice a year. The company attributes its rising profits to its business expansion and innovation strategy, guided by leadership directives and a focus on operational efficiency and service sustainability. Empower's CEO, Ahmad Bin Shafar, emphasized the company's role in supporting Dubai's urban growth and sustainability. In both 2023 and 2024, Empower paid cash dividends of AED 850 million, split into two instalments each year, maintaining its commitment to regular and sustainable shareholder returns.

The Board of Directors of Emirates Central Cooling Systems Corporation PJSC (Empower) invites shareholders to the annual general meeting on March 26, 2026, at 11:00 am, both physically at Kempinski The Boulevard Dubai Hotel and electronically. The agenda includes approving the appointment of the meeting secretary and vote collector, reviewing and approving the Board and auditor reports, consolidated financial statements, and a cash dividend distribution. Other items include authorizing interim cash dividends for 2026, approving Board remuneration, discharging Board and auditors from liability, approving variations in audit fees, appointing auditors for 2026, and determining their remuneration. Shareholders can attend or delegate a proxy and must register by March 23, 2026. The meeting requires a quorum of at least 50% share capital representation. If not met, a second meeting is scheduled for April 2, 2026. Shareholders registered by March 25, 2026, can vote, and those holding shares by April 6, 2026, are entitled to dividends. Financial statements and governance reports are available on the DFM and Empower websites.

Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, announced the design contract award for a new district cooling plant in Business Bay, Dubai, with a capacity of 44,000 refrigeration tons. Construction is set to begin in late 2026. This initiative is part of Empower's strategy to meet the rising demand for sustainable cooling services in line with Dubai's urban growth. The new plant will expand Empower's Business Bay project, which already holds two Guinness World Records for its cooling capacity and coverage. Empower's CEO, H.E. Ahmad Bin Shafar, emphasized the project's role in supporting Dubai's sustainability goals by providing environmentally friendly cooling solutions and aligning with the Dubai 2040 Urban Master Plan. The company aims to continue enhancing its services and employing advanced technologies to maintain Dubai's leadership in the district cooling sector.

Emirates Central Cooling Systems Corporation PJSC (Empower), the largest provider of district cooling services globally, is participating as a Diamond Sponsor in the IDEA Campus Energy Conference 2026 in Washington, USA, for the third consecutive year. The event, organized by the International District Energy Association (IDEA), runs from February 17 to 20, 2026, under the theme 'Advancing Thermal Networks' and attracts over 1,300 attendees worldwide. Empower's involvement aligns with its strategy to promote sustainable solutions and enhance energy efficiency in modern cities through district cooling. The company emphasizes the energy savings and operational efficiency of district cooling compared to traditional systems, contributing to reduced emissions and improved urban living standards. Empower aims to share its expertise and explore collaboration opportunities to develop innovative energy solutions. CEO Ahmad Bin Shafar highlighted the company's commitment to efficient and sustainable energy solutions and the importance of the conference for discussing the future of district cooling. Empower has established an advanced operational model focused on innovation and efficiency, resulting in resource savings and service reliability.

Emirates Central Cooling Systems Corporation PJSC (Empower) announced that Dubai Electricity and Water Authority PJSC (DEWA) has increased its ownership stake in Empower from 56% to 80% by acquiring the full shareholding of Emirates Power Investment LLC (EPI). EPI no longer holds any shares in Empower. Despite the change in ownership, Empower will continue to operate as an independent public company on the Dubai Financial Market, focusing on providing efficient and sustainable district cooling services across Dubai. Established in 2003, Empower is the world's largest district cooling services provider, serving major projects throughout Dubai.

Emirates Central Cooling Systems Corporation PJSC (Empower) announced its financial results for 2025, reporting a historic net profit of AED 1.0 billion, a 10.5% increase from the previous year, and record revenues of AED 3.42 billion, marking a 4.9% year-on-year growth. The company also achieved an EBITDA of AED 1.65 billion, a 6.2% growth compared to 2024. Empower's connected capacity reached approximately 1.7 million refrigeration tons, affirming its position as the world's largest district cooling services provider. The company signed 186 new contracts, increasing its total contracted capacity by 11% to around 2 million RT, and added 110 new buildings to its portfolio, serving a total of 1,747 buildings. The district cooling distribution pipeline network now exceeds 430 kilometers. CEO H.E. Ahmad Bin Shafar highlighted that these record results reflect the strength of Empower's business model, strategic expansion, operational efficiency, and commitment to sustainability and governance, reinforcing its role in supporting Dubai's sustainable urban development.